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Upper Solu Hydro Electric Company Reports Net Profit of 1.08 Crores in Q3; Financial Expenses Increased By Huge Margin of 244.73% 3
Business | Market | Economy

Upper Solu Hydro Electric Company Reports Net Profit of 1.08 Crores in Q3; Financial Expenses Increased By Huge Margin of 244.73%

Upper Solu Hydro Electric Company Limited (USHEC) has released its unaudited third-quarter report for FY 2079/2080, reporting a net profit of Rs. 1.08 Crores, indicating a 78.98% decline from the relevant period of the previous fiscal year. The company’s paid-up capital remains at Rs. 1.35 Arba, and it has a negative reserve of Rs 3.64

Dolti Power Company's Initial Public Offering (IPO) has concluded, with 1,27,186 lucky applicants receiving 10 units each. 5
IPO | FPO

Dolti Power Company’s Initial Public Offering (IPO) has concluded, with 1,27,186 lucky applicants receiving 10 units each.

Dolti Power Company Limited’s initial public offering (IPO) was completed today at the offices of NIC Asia Capital Limited in Kathmandu. Dolti Power Company Limited offered 12,71,861 units worth Rs 12.71 crores to the general public as an Initial Public Offering (IPO) (Chaitra 28, 2079- Baisakh 3, 2080).According to the allocation module, a total of

Mahalaxmi Bikas Bank introduces new home and business loan schemes, lowering the interest rate to 12.99% with a special service charge discount. 7
Business | Market | Economy

Mahalaxmi Bikas Bank introduces new home and business loan schemes, lowering the interest rate to 12.99% with a special service charge discount.

  In addition to the new year’s special offer, the bank is offering a 0.25% discount on the service charge for both of these loan schemes for female home/business owners for a limited time. According to the media statement, borrowers can also receive up to 100% of the cost of the home/building as a loan

Awesome New Phones for an Awesome New Season; Samsung will release the Galaxy A34 5G and Galaxy A54 5G in Nepal. 9
Business | Market | Economy

Awesome New Phones for an Awesome New Season; Samsung will release the Galaxy A34 5G and Galaxy A54 5G in Nepal.

Rumors have been circulating on the internet about the arrival of Samsung’s all-new A series smartphone in Nepal. With the global release of the Samsung Galaxy A34 5G and Galaxy A54 5G, there has been speculation in the Nepali market about when the fantastic new addition to Samsung’s beloved A-series phones will arrive in Nepal.

After Merging with Ghodighoda Laghubitta, 138,125 Additional Shares of Unique Nepal Laghubitta Listed in NEPSE For Trading 19
NEPSE NEWS, Business | Market | Economy

After Merging with Ghodighoda Laghubitta, 138,125 Additional Shares of Unique Nepal Laghubitta Listed in NEPSE For Trading

138,125 additional shares of Unique Nepal Laghubitta Bittiya Sanstha Limited (UNLB) have been listed in NEPSE. Ghodighoda Laghubitta (GGBSL) and Unique Nepal Laghubitta signed the merger agreement with each other on Kartik 21, 2077 and endorsed a 1: 0.5 share swap ratio for the merger. Thus, the additional shares after the merger are now listed

Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power's Net Profit Company to Issue 50% Right Shares 21
IPO | FPO, NEPSE NEWS

Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power’s Net Profit Company to Issue 50% Right Shares

Ridi Power Company Limited (RIDI) reported a 95.81% decrease in net profit in the second quarter (Q2) of the current fiscal year 2079/80. Profit declined to Rs. 1.96 crores in this quarter from Rs. 46.98 crores in the previous year’s equivalent quarter. In this quarter, the firm recorded total income of Rs. 18.92 crores, a

Sanima Mai Hydropower Reports an 11.36% Drop in Net Profit 23
NEPSE NEWS

Sanima Mai Hydropower Reports an 11.36% Drop in Net Profit

Sanima Mai Hydropower Company Limited (SHPC) reported an 11.36% decrease in net profit in the second quarter (Q2) of fiscal year 2079/80. Profit declined to Rs. 32.92 crores in this quarter from Rs. 37.14 crores in the previous year’s equivalent quarter. Revenue from the sale of electricity has declined by 12.4% when compared to the

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